Press release
Spirulina Market to Reach USD 1.19 Billion by 2030, Growing at a CAGR of 10.6%
Spirulina Market
๐๐ฉ๐ข๐ซ๐ฎ๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The ๐๐ฉ๐ข๐ซ๐ฎ๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ is experiencing significant growth due to its increasing popularity as a superfood, driven by rising consumer awareness of its health benefits. Rich in proteins, vitamins, and antioxidants, spirulina is widely used in dietary supplements, food and beverages, and cosmetics. The market is further fueled by the demand for plant-based nutrition and the growing interest in natural, sustainable products. As more people adopt healthier lifestyles, spirulina is becoming a key ingredient in various functional foods and wellness products worldwide.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/request-sample/29894/
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฉ๐ข๐ซ๐ฎ๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
The growth of the ๐๐ฉ๐ข๐ซ๐ฎ๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ is driven by rising consumer demand for plant-based, nutrient-rich products. Spirulina's reputation as a superfood, with its high content of proteins, vitamins, and antioxidants, has increased its popularity in dietary supplements, functional foods, and beverages. Furthermore, the shift toward natural, sustainable, and eco-friendly ingredients, combined with the increasing focus on healthy lifestyles and wellness, continues to propel the market's expansion across various industries, including food, cosmetics, and pharmaceuticals.
๐๐ฉ๐ข๐ซ๐ฎ๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
The ๐๐ฉ๐ข๐ซ๐ฎ๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ is experiencing trends driven by increasing demand for plant-based, sustainable nutrition and the growing consumer preference for natural superfoods. Innovations in product formulations, such as spirulina-infused snacks, beverages, and cosmetics, are expanding its market reach. Moreover, the rising awareness of health benefits, including its high protein and antioxidant content, has fueled demand across various sectors. Additionally, growing adoption in developing countries and increasing research into spirulina's potential health benefits are key factors shaping market growth.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐๐๐ฒ ๐๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/29894/
๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฉ๐ข๐ซ๐ฎ๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
Vietnam and Thailand
In Vietnam, Vietnam Spirulina has merged with VegaSea Technologies to scale up its spirulina production for both domestic and international markets. Thai Union Group has also announced a strategic acquisition of local spirulina production facilities to enhance their sustainable food portfolio.
Singapore and Japan
Superlife Co. in Singapore recently acquired Hainan Green Food Co. to expand its market presence and improve product offerings. In Japan, Japan Algae Company has partnered with Euglena Co. to enhance spirulina cultivation and meet growing domestic demand.
South Korea and the USA
Seahwa Spirulina in South Korea has increased its market share by acquiring AlgaeTech to expand its bio-based product offerings. In the USA, Herbalife Nutrition has incorporated Spirulina Corporation into its portfolio, boosting its range of wellness products.
European Developments
In Europe, Solgar Inc. has acquired Microalgae Labs to expand its spirulina-based supplement product lines, while Holland & Barrett continues to increase its spirulina-based offerings across Europe.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฉ๐ข๐ซ๐ฎ๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ
The ๐๐ฉ๐ข๐ซ๐ฎ๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ is experiencing impressive growth due to its increasing demand as a nutritious, plant-based superfood. Cyanotech Corporation and EID Parry continue to lead innovations in spirulina production. In addition, Algallifoods and Parry Nutraceuticals are expanding their global footprints with improved farming and processing techniques.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐๐๐จ๐ฎ๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ? ๐๐ซ๐๐ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.maximizemarketresearch.com/request-sample/29894/
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐ญ๐ก๐ ๐๐ฉ๐ข๐ซ๐ฎ๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ:
by Type
ArthrospiraPlatensis
Arthrospira Maxima
by Drug
Formulation Powder
Tablet & Capsule
Liquid
Granule & Gelling Agent
by Application
Food & beverages
Nutraceutical
Animal and Aquaculture Feed
Pharmaceutical
Veterinary
Cosmetic
Others
๐๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ ๐ฅ๐๐ซ๐ ๐๐ฌ๐ญ ๐ฆ๐๐ง๐ฎ๐๐๐๐ญ๐ฎ๐ซ๐๐ซ๐ฌ ๐จ๐ ๐๐ฉ๐ข๐ซ๐ฎ๐ฅ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐?
1. Sensient Technologies Corp.
2. Parry Nutraceuticals Limited
3. GNC Holdings, Inc.
4. Now Health Group Inc.
5. Naturex S.A.
6. Naturalin Bio-Resources Co., Ltd
7. GNT Holding B.V.
8. Fuqing King DnarmsaSpirulina Co., Ltd.
9. FrakenBiochem Co., Ltd.
10. Far East Bio-Tec Co., Ltd.
11. Dongtai City Spirulina Bio-Engineering Co., Ltd.
12. Dhler GmbH
13. DIC Corporation
14. DDW Inc.
15. Cyanotech Corp
16. Chr. Hansen Holding A/S
17. Cabassi & Giuriati SpA
18. Echlorial
19. Givaudan international SA
20. Yunnan Green A Biological Project Co., Ltd
21. Earthrise Nutritionals, Llc
22. Zhejiang Comp Spirulina Co., Ltd.
๐๐ง๐จ๐ฐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/market-report/global-spirulina-market/29894/
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
โข Past Market Size and Competitive Landscape
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โข Competitive landscape - Market Leaders, Market Followers, Regional player
โข Competitive benchmarking of key players by region
โข PESTLE Analysis
โข PORTER's analysis
โข Value chain and supply chain analysis
โข Legal Aspects of business by region
โข Lucrative business opportunities with SWOT analysis
โข Recommendations
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